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#TradingViewPAY HOW TO EARN 💲💲 BY BECOME THE BEST AUTHOR ON TVGet rewarded for your ideas and scripts! A month earlier, on the 20th of May, Tradingview introduced its new Rewards Program . Sharing is powerful, right!? The TradingView community thrives on fantastic members who share their knowledge, experience, successes and sometimes even their failures. Interaction, open discussion and self-expression are the keys to understanding. In the spirit of sharing, the TradingView team, believing it is fair that outstanding contributions are rewarded, has decided to thank their dedicated contributors. The TradingView Wizards program was recently launched to bring out the real wizards. Inspired by this, TradingView has also launched a new pilot program that rewards authors whose ideas and scripts appear in the Editors' Choice section. In the event that your idea or scenario becomes an Editors' Choice, your work will not only be featured to the entire TradingView community, but you will also receive a cool $100! If several of your publications are selected during the month, you will be charged for each. Learn more about the program and its terms and conditions in this Help Center article . This pilot program is just the first step towards content monetization. TradingView promises to keep adding new ways to motivate great creators to enrich the community. At the first stage, authors are rewarded for those ideas and scenarios that have become "Editor's Choice" in the international part of the TradingView community (only in English). TradingView promises to tweak the features of the program and aspects of the program are subject to change as improvements are made to benefit our community! I must confess on my own behalf that the TradingView Editors Team has A REALLY VERY GOOD TASTE. For all the time I spent on the TradingView website (that is almost eight years), I have become the author of more than 300 publications, and the best of them have rightfully become to an "Editors' Choice" column. And so, just literally two months earlier, in April 2023, two of my publications became "Editor's Choice" again, in the international part of the TradingView community (in English). The first one is 😀 SVB Crisis Is Over?! What S&P500 and VIX Are Talking About was dedicated to the US S&P500 index SP:SPX , while the market began to show the first signs that the Silicon Valley banking crisis was over. More details can be found on the publication page . In the second publication - Occidental Petroleum Corp.: Bullish Bias. Continuation I've considered with technical aspects and opportunities of Value Investment Assets. Incl. NYSE:OXY - one of the legendary 92-year-old American investor Warren Buffett favorites, Occidental Petroleum corp. More details can be found on the publication page . While expressing many words of gratitude to the TradingView team, I must admit that the EP selection of mentioned above publications in April to the "Editor's Choice" was a pleasant surprise for me. As well as the launch of the #TradingViewPAY motivational Program a month later, the effect of which is extended to all the ideas and scenarios that have become "Editor's Choice" starting from the second quarter of 2023! Proves and Screenshots!? - Yes, please! Everything is 100 DOLLARS working! ✨💖 Dare you too! Post your best ideas and scripts! And may the reward find the best of you! -- Watch first, then share! TradingView FEAT Pandorra 💖
BINANCE:BTCUSDEducation
by Pandorra
Meta -> Rally Not Over YetHello Traders, welcome to this free and educational multi-timeframe technical analysis. On the weekly timeframe you can see that Meta stock started a crazy dump in September of 2021, dropping roughly 80% in a very short period of time but bounced back significantly. You can also see that the recovery started in October of 2022 and from there Meta created a rally of 200% towards the upside and is now approaching resistance at the $300 level from which I do expect a short term rejection away towards the downside. On the daily timeframe you can see that Meta stock is still massively bullish, creating new highs every single day so I am now just waiting for a retest of the previous resistance at the $275 level and then I do expect a final blow-off to retest the $300 resistance zone. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
NASDAQ:METALong
by basictradingtv
30
Bullish Potential on $PYPL: Falling Wedge Pattern Greetings, Traders! Today, I'm excited to share an intriguing technical analysis discovery on the stock of PayPal Holdings Inc. ( NASDAQ:PYPL ). A falling wedge pattern has been identified, indicating the potential for a bullish reversal in the near future. Let's dive into the details! 📈 Ticker: NASDAQ:PYPL 📅 Timeframe: Daily Chart 📊 Pattern: Falling Wedge 📉 Understanding the Falling Wedge Pattern: A falling wedge is a bullish chart pattern characterized by converging trendlines that slope downward. Typically formed during a downtrend, it suggests diminishing selling pressure and the potential for a reversal. This pattern indicates the possibility of an upward price movement. 🔍 Identifying the Falling Wedge on NASDAQ:PYPL : Upon analyzing the daily chart of NASDAQ:PYPL , the following observations come to light: 1️⃣ Recent downtrend: NASDAQ:PYPL has experienced a decline in price over the past weeks. 2️⃣ Converging trendlines: The upper trendline connects the lower highs, while the lower trendline connects the lower lows. 3️⃣ Decreasing trading volume: As the falling wedge pattern forms, the trading volume has been declining, indicating a potential reduction in selling pressure. 📈 Price Targets and Trading Strategy: If the falling wedge pattern on NASDAQ:PYPL plays out as anticipated, a potential bullish breakout above the upper trendline may occur, signaling a reversal and potential price appreciation. Consider the following price targets: 1️⃣ Target 1: Resistance level near $320.00 2️⃣ Target 2: Psychological resistance near $340.00 🛡️ Risk Management: Implement the following risk management techniques to protect your capital and manage risk effectively: 1️⃣ Set a stop-loss order below the lower trendline to safeguard against unexpected price reversals. 2️⃣ Adjust position size based on your risk tolerance and overall portfolio management strategy. 🔔 Conclusion: PayPal Holdings Inc. ( NASDAQ:PYPL ) is exhibiting a falling wedge pattern, suggesting the potential for a bullish reversal in the near future. However, please remember that technical analysis has limitations, and market conditions can change. Incorporate additional analysis and fundamental factors before making any trading decisions. Disclaimer: This post is for informational purposes only and should not be considered as financial advice. Always conduct your own research and consult with a qualified financial professional before making any investment decisions. Happy Trading! 📈💰 #TradingViewAnalysis #TechnicalAnalysis #FallingWedgePattern #BullishReversal #PYPLStock #StockMarketAnalysis #ChartPatterns #TradingSignals #InvestSmart #FinancialMarkets #MarketAnalysis
NASDAQ:PYPLLong
by STP_MrNodeItAll
2
Falling Wedge Pattern on $BLNK: Potential Bullish Reversal Greetings, Traders! Today, I'm thrilled to share an exciting technical analysis finding on the stock of Blink Charging Co. ( NASDAQ:BLNK ). A falling wedge pattern has been identified, suggesting the potential for a bullish reversal in the near future. Let's dive into the details! 📈 Ticker: NASDAQ:BLNK 📅 Timeframe: Daily Chart 📊 Pattern: Falling Wedge 📉 Understanding the Falling Wedge Pattern: A falling wedge is a bullish chart pattern characterized by converging trendlines that slope downward. Typically formed during a downtrend, it indicates diminishing selling pressure and the potential for a reversal. This pattern suggests the possibility of an upward price movement. 🔍 Identifying the Falling Wedge on NASDAQ:BLNK : Upon analyzing the daily chart of NASDAQ:BLNK , the following observations come to light: 1️⃣ Recent downtrend: NASDAQ:BLNK has experienced a decline in price over the past weeks. 2️⃣ Converging trendlines: The upper trendline connects the lower highs, while the lower trendline connects the lower lows. 3️⃣ Decreasing trading volume: As the falling wedge pattern forms, the trading volume has been declining, indicating a potential reduction in selling pressure. 📈 Price Targets and Trading Strategy: If the falling wedge pattern on NASDAQ:BLNK plays out as anticipated, a potential bullish breakout above the upper trendline may occur, leading to a reversal and potential price appreciation. Consider the following price targets: 1️⃣ Target 1: Resistance level near $40.00 2️⃣ Target 2: Psychological resistance near $45.00 🛡️ Risk Management: Effective risk management is crucial for successful trading. Implement the following risk management techniques: 1️⃣ Set a stop-loss order below the lower trendline to protect against unexpected price movements. 2️⃣ Adjust position size based on your risk tolerance and overall portfolio management strategy. 🔔 Conclusion: Keep a close watch on Blink Charging Co. ( NASDAQ:BLNK ) as it develops this falling wedge pattern. The pattern suggests the potential for a bullish reversal in the near future. However, please note that technical analysis is not infallible, and market conditions can change rapidly. It's advisable to incorporate additional analysis and fundamental factors before making any trading decisions. Disclaimer: This post is for informational purposes only and should not be considered as financial advice. Always conduct your own research and consult with a qualified financial professional before making any investment decisions. Happy Trading! 📈💰 #tradingview #technicalanalysis #fallingwedge #bullishreversal #blnk #stockanalysis #chartpatterns #tradingstrategies #investing #finance #marketanalysis
NASDAQ:BLNKLong
by STP_MrNodeItAll
Apple -> Make It Or Break ItHello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that Apple stock is still retesting the previous all-time-high which is roughly at the $185 area and which is still acting as resistance. You can also see that weekly market structure is still bullish, however Apple stock is a little bit overextended towards the upside after the recent 50% which was created over the past couple of weeks, so I do expect some short term rejection but then the longer term continuation towards the upside. On the daily timeframe you can see that Apple stock is again approaching the previous reversal area at the $185 level from which we already had a harsh rejection towards the downside, but Apple stock might also be able to create a new all-time-high, so I am now just waiting for a clear direction and then I will upload another analysis for you. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
NASDAQ:AAPLLong
by basictradingtv
41
Nifty 50 Index: A Dramatic Crash Ahead?Technical Analysis : Unveiling the Mystery: Understanding the Actual Value Zone in Stock Trading In simple terms, the Actual Value Zone represents the price range within which retailers trade a stock among themselves. Let's take an example to understand it better. Imagine there is a continuous supply of 10,000 kg of potatoes in the market. This keeps the potato prices stable because the demand is met by the supply. As a result, the price remains within a certain range, indicated by the blue zone on the chart, depending on the time frame we are considering. Now, let's imagine a business person or institution who wants to make money from potatoes. They disrupt the supply chain by stocking a huge amount, let's say 50% of the supply. This sudden decrease in supply causes the price of potatoes to double until the next cycle of 10,000 kg of supply from farmers. This situation often leads to a green candle, symbolizing a surge in market demand. As a result, everyone starts buying potatoes, and with the help of retailers, the price of potatoes can increase up to four times the original price. At this stage, the business person or institution has stocked 50% of the potatoes, and the retailers have also stocked 50%. The institution wants to accumulate more potatoes from those retailers who are unwilling to sell. To achieve this, the institution supplies a small number of potatoes, causing the price to drop slightly. This tempts some retailers to sell their potatoes, which the institution buys again, creating a situation known as Bearish Divergence. To summarize this story, initially, the actual price of each kg of potato was 10 rupees. It increased to 20 rupees after the institution stocked 50%, and then further rose to 40 rupees when retailers also stocked 50%. The institution makes money by selling their potatoes bought at 10 rupees for 40 rupees, which leads to more potatoes being sold at higher prices. Eventually, this increases the supply, causing the price to drop back to its original value. This story illustrates a fundamental principle underlying the stock market and other assets worldwide. Retailers, with their limited resources, have minimal influence over price fluctuations. The market is driven by various factors, including manipulation by institutions, creating a complex environment for trading. And a successful retail trader must know when the institution is going to sell or buy ! My next move : I'm patiently waiting for a significant breakthrough moment. Interestingly, it seems that institutions are deliberately keeping the market steady at a particular price level. However, this is actually a strategic move on their part. They are waiting for the market to reach another price range before starting to sell. When they do, I plan to follow their lead and sell my assets as well. We greatly value your comments and feedback, as they play a crucial role in our continuous improvement. We invite you to share your technical analysis, as it contributes to creating more opportunities for inclusive learning. By sharing your insights, we can foster a collaborative environment that benefits everyone involved. Thank you !
NSE:NIFTYShort
by UnknownUnicorn14930146
KBH Chart: Macro Resistance TEST - What Next?!Here we are looking at KBH on the Weekly TF… As you can see, KBH currently testing a MACRO downwards sloping resistance line dating back to the early 2000’s. When assessing where it is, it’s important to note two interrelated factors. The first factor we need to consider is that KBH is currently breaking out from the downwards sloping resistance line. The weekly candle is coming to a close, and it is looking like it will close above the trend line. The second factor we must consider is that A LOT of charts are VERY over extended, and have slightly breached their MACRO resistance lines. To me, this seems like a potential good time to short, despite the slight breakout of this line. It seems in line with the many over extended charts in the market. Paired with the weary fundamentals (high interest rates for example), this may be a good time to start considering longer term swing short entries! I will continue to monitor this chart, and provide timely updates as I see fit! Cheers!!
NYSE:KBH
by GarethSolowayOfficial
AMD -> Wait For This SupportHello Traders, welcome to this free and educational multi-timeframe technical analysis. On the weekly timeframe you can see that AMD stock is currently retesting and already starting to reject a quite nice previous weekly resistance area at the $130 level. You can also see that the overall uptrend is still valid, after the recent 50% pump AMD is definitely ready for a correction though so I am now just waiting for a correction back to the next support zone at the $105 level before I then do expect more continuation towards the upside. On the daily timeframe you can see that market structure is still bullish, I am also not really interested in actually shorting AMD, instead I am waiting for a retest of the $105 area and some bullish confirmation and then I do expect another rally towards the upside from there. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
NASDAQ:AMDLong
by basictradingtv
39
Tesla -> The Bottom Is Finally InHello Traders, welcome to this free and educational multi-timeframe technical analysis. On the weekly timeframe you can see that Tesla stock is currently retesting quite strong previous weekly structure which is now turned resistance at the $220 level. However you can also see that the weekly moving averages are finally crossing bullish, weekly market structure is also shifting back towards the upside so in my opinion there is a significant chance that Tesla found a bottom over the past couple of weeks and is now ready for an agressive push higher. On the daily timeframe you can see that Tesla stock is currently a little bit overextended towards the upside so I am now just waiting for a retracement back to a previous daily resistance area which is now turned support at the $210 area and then I simply do expect more continuation towards the upside from there. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
NASDAQ:TSLALong
by basictradingtv
78
Apple -> Pump Might Be Over NowHello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that Apple stock is currently retesting a quite massive previous weekly resistance area at the $180 level which is now definitely pressing price lower. You can also see that over the past couple of weeks, Apple had a massively bullish rally of about 45% towards the upside without any real correction, so I am now just waiting for a short term rejection away from the resistance before I then do expect more upside continuation. On the daily timeframe you can see that market structure is still massively bullish overall, there is no sign of Apple stock slowing down yet, so I am simply waiting for some bearish rejection at the current levels before I then do expect a short term correction towards the downside. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
NASDAQ:AAPLShort
by basictradingtv
43
SasanSeifi 💁‍♂️AMD👉12H 118 / 126 ? LETS SEE!▪️ Hello everyone ✌ By examining the chart in the time frame of 12 hours,as you can see, due to the break of the dynamic resistance, the price faced buying pressure after a slight fluctuation from the $95 range and managed to grow to the $102 range. It is currently trading in the 102 range.📊 ‎📈The scenario that we can consider, in case of breaking the important resistance range and stabilizing above the $108 range, after the fluctuation, the price will grow again to the desired targets of the 118/126 range. ❗️ 🔸We have to see how how the price will react to the important resistance range of $108.⚠️ Otherwise, it may be rejected from the range of $108.‼️ ⚠️Keep in mind that maintaining the range of $95 is important to continue the positive trend. ▫️The current price : 102.38💲 ▫️TF : 12-H ❎ (DYOR)...⚠⚜ What do you think about this analysis? I will be glad to know your idea 🙂✌ IF you like my analysis please LIKE and comment 🙏✌
NASDAQ:AMD
by SasanSeifi
Tesla -> Breakout And New RallyHello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that as we are speaking Tesla is now once again retesting previous weekly resistance which is turned resistance again at the $200 level. However you can also see that Tesla recently broke out of a quite nice flag pattern, which in this case is a bullish continuation pattern - Tesla is also creating weekly bullish market structure so from here I simply do expect a break and retest of the current resistance and then more upside potential. On the daily timeframe you can see that Tesla stock is again retesting also daily resistance, so from here I am also waiting for a breakout before I then do expect another quite strong daily rally to retest the next resistance level at the $240 level. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
NASDAQ:TSLALong
by basictradingtv
59
💡 SPX Seasonality: Sell in May and Go Away. Here's Memorial DayMemorial Day (originally known as Decoration Day) is a federal holiday in the United States for honoring and mourning the U.S. military personnel who have died while serving in the United States Armed Forces. For nowadays, it is observed on the last Monday of May, and this year it is observed on May 29, 2023. Memorial Day is considered a U.S. stock market holiday, which means the Nasdaq and New York Stock Exchange will be closed Monday, May 29. What is Sell in May and Go Away? Sell in May and Go Away refers to a well-known adage in the business and financial world. The phrase refers to an investment strategy for stocks based on the theory that the stock market underperforms in the four-month period between May and October (since June until September). In contrast, the 3-months period since November and until January sees much stronger stock market growth. For many past years I used many other websites to analyze seasonality of major stocks, indices, Fx pairs and commodities. Thanks to TradingView community and its awesome @tradeforopp wizard, the script Seasonality has changed the rules . As it described on Indicator webpage , This Seasonality indicator is meant to provide insight into an asset's average performance over specified periods of time (Daily, Monthly, and Quarterly). How the Sell in May and Go Away Strategy Works If investors follow the Sell in May and Go Away strategy, they sell stocks at the End of May (or during the late spring) and have the proceeds held in cash. Then, the investors would invest again in early October (or in the late autumn). That means, the investors would avoid holding stock during the summer months. History of Sell in May and Go Away 👉 “Sell in May and Go Away” has its origins in England or, more specifically, in London’s financial district. The original phrase was “Sell in May and go away, come back on St. Leger’s Day,” with the latter event referring to a horse race. 👉 Established in 1776, the St. Leger Stakes is one of the most well-known horse races in England, being the last leg of the British Triple Crown and is run at the Doncaster Racecourse in South Yorkshire in September of every year. In its original context, the adage recommended that British investors, aristocrats, and bankers should sell their shares in May, relax and enjoy the summer months while escaping the London heat, and return to the stock market in the autumn after the St. Leger Stakes. 👉 In the U.S., some investors have adopted a similar strategy by refraining from investing during the period between Memorial Day in May and Labor Day in September. Relevant Statistics and Considerations 👉 Historical data have generally supported the “Sell in May and Go Away” adage over the many years. The S&P 500 Index has recorded a cumulative three-month average annualized return of more than 10% in the period between November to January, based on the statistics data collected over the past 151 years. 👉 At the other side, S&P500 an average annualized gain is about Zero between May and October (June till September), based on the same statistics data collected over the past 151 years. 👉 Seasonal factors play an important role here, as end-of-year bonuses and the Santa Claus Rally, which refers to the stock market’s tendency to rally over the last few weeks of December into the first few months of the new year. Some theories behind it include increased holiday shopping, optimism and morale fueled by the Thanksgiving Day, winter holidays, or investors settling their books before going on holiday. February and March are relatively mild in terms of growth. The stock market could lifts in April and May due to the anticipated release of the first-quarter reports (for example, like after recently announced Q1'23 NASDAQ:NVDA report). 👉 In contrast, the summer time tends to be less optimistic, with first-quarter results over and many people spending less time paying attention to stocks as they go on summer vacation. In addition, specifically in election years, there tends to be a weakness of the stock market in September due to the uncertainty of the election results. The conclusion 👉 It should be noted that returns have often varied in different time periods, and there have been many exceptions. 👉 However the upper chart (SPX Seasonality) clearly illustrates that based on the statistics data collected over the past 151 years, the timeframe since June until September, averagely is the worst time to invest into SP500 Index, while June and September are the worst performer months over the all history of S&P500 since 1870s. 👉 Memorial Day could be considered as a starting point for the strategy, where the negative return of the following business day (or business week in a case of no significant change) after Memorial Day usually predicts the further stock market trends and directions until October (begin of fourth quarter).
CBOE:SPX
by Pandorra
4
#AMD3 Leveraged 3x Long with American Micro Devices StocksAll the World chipmakers are on the rush this night, due to Nvidia Q1'23 Earnings Report. LSE:AMD3 is the Leverage Shares 3x AMD ETP Securities that seeks to track the iSTOXX Leveraged 3x AMD Index, which is designed to provide 3x the daily return of Advanced Micro Devices, Inc. stock, adjusted to reflect the fees and costs of maintaining a leveraged position in the stock. It invests directly in the underlying Advanced Micro Devices, Inc. stock and uses margin (borrowing) to purchase additional shares of Advanced Micro Devices, Inc. stock. For example, if Advanced Micro Devices, Inc. rises by 1% over a day, then the ETP will rise by 3%, excluding fees. However, if Advanced Micro Devices, Inc. falls by 1% over a day, then the ETP will fall by 3%, excluding fees. Key Features • Opportunity to magnify returns in one simple trade. • Liquid. Trades like an equity on exchange, with multiple market makers (MMs). • You cannot lose more than the amount invested, and an intraday rebalance mechanism is designed to cushion the largest intra-day falls. • Simple to trade, no need for futures, no need to use margin accounts. • Transparent structure with full ownership of the underlying assets, so credit risk effectively negated. • Is independent and managed by industry experts. Key Risks • Investing in Short and Leveraged ETPs is only suitable for sophisticated traders who understand leverage, daily rebalancing and compounded daily returns. • Investors can lose the full value of their initial investment (but not more). • Losses are magnified due to the nature of leveraged returns. Therefore, Short and Leveraged ETPs are only suitable for investors willing to take a high level of risk. • Daily compounding may result in returns which an investor may not expect if the investor has not fully understood how a Leverage Shares ETP works. • Due to daily rebalancing and compounding, ETP returns measured over periods longer than one day may differ from the returns of the underlying stock multiplied by the leverage factor. • Only use these ETPs if you can monitor your positions daily or during the day. • Not an investment advise, so please see and read carefully the ‘Risks Factors’ section of the Prospectus for a more detailed discussion of the potential risks associated with an investment in this product. Key TA Highlights • LSE:AMD3 trades higher its weekly SMA(52), since middle of the May, 2023 • Technical picture indicates the possibility to further 100 per cent upside price action.
LSE:AMD3
by Pandorra
#3NVD Leveraged 3x Long with Nvidia Corporation StocksAll the World chipmakers are on the rush this night, due to Nvidia ( NASDAQ:NVDA ) Q1'23 Earnings Report. LSE:3NVD is the Leverage Shares 3x Nvidia ETP Securities that seeks to track the iSTOXX Leveraged 3x Nvidia Index, which is designed to provide 3x the daily return of Nvidia stock, adjusted to reflect the fees and costs of maintaining a leveraged position in the stock. It invests directly in the underlying NASDAQ:NVDA stock and uses margin (borrowing) to purchase additional shares of Nvidia. For example, if Nvidia rises by 1% over a day, then the ETP will rise by 3%, excluding fees. However, if Nvidia falls by 1% over a day, then the ETP will fall by 3%, excluding fees. Key Features • Opportunity to magnify returns in one simple trade. • Liquid. Trades like an equity on exchange, with multiple market makers (MMs). • You cannot lose more than the amount invested, and an intraday rebalance mechanism is designed to cushion the largest intra-day falls. • Simple to trade, no need for futures, no need to use margin accounts. • Transparent structure with full ownership of the underlying assets, so credit risk effectively negated. • Is independent and managed by industry experts. Key Risks • Investing in Short and Leveraged ETPs is only suitable for sophisticated traders who understand leverage, daily rebalancing and compounded daily returns. • Investors can lose the full value of their initial investment (but not more). • Losses are magnified due to the nature of leveraged returns. Therefore, Short and Leveraged ETPs are only suitable for investors willing to take a high level of risk. • Daily compounding may result in returns which an investor may not expect if the investor has not fully understood how a Leverage Shares ETP works. • Due to daily rebalancing and compounding, ETP returns measured over periods longer than one day may differ from the returns of the underlying stock multiplied by the leverage factor. • Only use these ETPs if you can monitor your positions daily or during the day. • Not an investment advise, so please see and read carefully the ‘Risks Factors’ section of the Prospectus for a more detailed discussion of the potential risks associated with an investment in this product. Key TA Highlights • 3NVD trades higher its weekly SMA(52), since middle of the May, 2023 • Technical picture indicates the possibility to further 100 per cent upside price action.
LSE:3NVD
by Pandorra
😀 SVB Crisis Is Over?! What S&P500 and VIX Are Talking AboutThe stock market just flashed the first sign that investors think the Silicon Valley Bank crisis is over. 👉 The CBOE Volatility Index VIX closed below the 20 level on Wednesday, for the first time since SVB - The Silicon Valley Bank collapsed. That is basically could be a constructive sign and is certainly counter to the general gloom of investors post SVB-failure. 👉 The VIX term structure is also back into normal contango. This normalization of spread is often a sign investors see the worst of the crisis behind. The lower chart illustrates 3-months futures spread between VXN2023 a July, 2023 VIX Futures contract and the nearest - VXJ2023 - April, 2023 VIX Futures contract, that is three months ahead of that, marking that the reddish days are over. 👉 S&P500 Technical picture indicates the breakdown of reversed Head and Shoulders Chart Pattern structure is happening. SPX is above weekly SMA (200) as it got the support early on Q4'22. 52-weeks simple moving average is trying to hold on above, for the 12th year in a row. 👉 If investors expect an imminent financial crisis but one doesn't materialize, the change in sentiment will help drive stocks higher as investors unwind bearish positions and get more bullish . All-in, with stocks higher over the past six months since the mid-October low, so further upside could be ahead. If stocks do not make a new low post this crisis, the bears could capitulate.
SP:SPX
by Pandorra
15
EFX DCA - Inverted H&S Company: Equifax Inc. Ticker: EFX Exchange: NYSE Sector: Industrials Introduction: Hello, and welcome to this technical analysis! Today, we're exploring the daily chart of Equifax Inc. on the NYSE. We observe an intriguing pattern within a pattern: a shorter-term head and shoulders continuation pattern nested within a longer-term inverted head and shoulders formation. Inverted Head and Shoulders Pattern: An inverted head and shoulders pattern is typically recognized as a bullish reversal pattern, often signaling a transition from a downtrend to an uptrend. Analysis: Equifax's price action has been forming an inverted head and shoulders over the past 411 days. The horizontal neckline, which currently acts as resistance, is around $223.50. Despite the lack of symmetry between the shoulders, the right shoulder being higher than the left is often considered a positive sign. Interestingly, the right shoulder itself contains a shorter-term head and shoulders continuation pattern that has been forming for about 188 days. It's worth noting that the price remains above the 200 EMA. Aggressive traders could have already positioned themselves with the break of the right shoulder at the head and shoulders, but for the conservative ones, we are patiently waiting for a break above the horizontal neckline. The price target for the inverted head and shoulders pattern is $300.84, which represents an approximate increase of 34.58%. Meanwhile, the shorter-term pattern suggests a price target of $257, or around a 22.77% increase. Conclusion: The daily chart of Equifax Inc. presents an intriguing situation where a short-term head and shoulders pattern forms within a longer-term inverted head and shoulders. A confirmed breakout above the neckline could signal a bullish reversal and offer a promising long position entry. As always, it's crucial to perform your own due diligence and employ suitable risk management strategies before making any investment decisions. Thank you for tuning into this analysis. Please remember to like, share, and follow for more market insights. Happy trading! Best regards, Karim Subhieh
NYSE:EFX
by KarimSubhieh
Apple -> Leading The RallyHello Traders, welcome to this free and educational multi-timeframe technical analysis . On the weekly timeframe you can see that Apple stock is approaching a quite obvious previous weekly resistance zone at the $180 level which is now turned resistance again. You can also see that over market structure is still massively bullish, I am also definitely expecting new all-time-highs on Apple so I am now just waiting for a short term rejection and then I do expect more continuation towards the upside. On the daily timeframe you can see that Apple stock is still creating bullish market structure with the recent break and retest of the $175 level, so there is still no sign of Apple slowing down, so I will just wait for a short term correction before I then do expect more continuation towards the upside. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset:
NASDAQ:AAPLLong
by basictradingtv
53
Are we in verge of another crypto and stock bullrunAs always I am not an expert, just a researcher and enthusiastic person in macro-economy trends. As the chart is representing, the fall in DXY means a gain in crypto and the stock market's valuation, but be aware not all the devaluation of the Dollar against other currency means there will be a bull run (such as in 2008) My minimum expectation is a relief rally for major markets, for the more hopium senario, we can expect a higher high in all markets but bear in mind the stock market has been in a bull run for nearly a 14 years and we are nearly topped in most of the markets.
TVC:DXY
by MehranVa1992